The Nigerian National Petroleum Corporation (NNPC) will reduce the country’s importation of petroleum products by increasing the capacity of the nation's refineries to 60% by the end of 2017, and 80% by the end of 20 ...
Nigeria recorded the biggest oil production decline among Organization of Petroleum Exporting Countries (OPEC) members in December, as output dropped by 200,000 barrels to 1.45mb/d.
BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary, Nigerian Agip Exploration.